Loopring

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 <p class="is-style-lead">Attacks on Poloniex, HTX, Heco bridge, KyberSwap, and Kronos Research earned hackers $290 million, with a week to go until November 2023 closes.</p>
 <p>As of Nov. 23, <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> hackers reportedly stole a combined $290 million from five <a rel="noopener noreferrer nofollow" title="major" href="https://thebittimes.com/tag/major.html">major</a> heists where at least $10 million was illegally ferried from each protocol. The platforms affected included three Justin Sun-related entities: HTX, Heco Bridge, and Poloniex, according to Lookonchain.</p>
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    <p lang="en" dir="ltr">Is November Hacker Month?<br><br>In just 20 days, 5 major hacks occurred, with funds exceeding $290M. pic.twitter.com/e5rTf0apFD</p>— Lookonchain (@lookonchain) November 23, 2023
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 <p>Exploits on HTX and Heco occurred on Nov. 22, the second most recent attack at press time. Hackers siphoned over $13 million and $86 million, according to an alert from Cyvers, a blockchain monitoring service.&nbsp;</p>
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 <p>HTX <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> exchange, rebranded from Huobi, previously lost some 5,000 Ether (ETH) worth $8 million at the time of the hack.</p>
 <p>Poloniex, another <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> venture tied to Sun, was also compromised. The bad actors made off with more than $100 million in <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a>currencies. Sun offered a five percent bounty worth $10 million and issued an ultimatum for hackers to return the funds.</p>
 <p>Before Heco’s hack, Poloniex was the single largest crypto exploit recorded in November 2023, accounting for most of the stolen funds.</p>
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 <p>Hackers also hijacked the multichain decentralized exchange KyberSwap, stealing an estimated $46 million. The exploiter responsible notified KyberSwap’s team and community of their intent to negotiate after getting some sleep.</p>
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    <p lang="en" dir="ltr">Imagine you steal $50M and then just go to bed pic.twitter.com/xs3LlCWYT8</p>— Hammer (@0x_Hammer) November 23, 2023
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 <p>Finally, Kronos, a crypto trading and research firm, lost $25 million in ETH after unknown individuals secured access to API keys and breached security. The Taiwan-based firm said investigations were underway, and client funds faced minimal risk exposure.</p>
 <p>Hackvember 2023 saw a sleuth of attacks on <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> projects ranging from protocol <a rel="noopener noreferrer nofollow" title="hacks" href="https://thebittimes.com/tag/hacks.html">hacks</a> to phishing campaigns. In addition to $27 million drained from a <a rel="noopener noreferrer nofollow" title="crypto" href="https://thebittimes.com/tag/crypto.html">crypto</a> wallet in a one-time hack, the X account of the Ethereum layer-2 network Loopring was infiltrated by phishing scammers.</p>
 <p>The incident lasted nearly all day on Nov. 20 before Loopring’s team stemmed malicious links promoting a fake LRC token airdrop.&nbsp;</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/november-scores-exploiters-290m-over-5-major-crypto-hacks-tbt71400.html">https://thebittimes.com/november-scores-exploiters-290m-over-5-major-crypto-hacks-tbt71400.html</a></p>

November scores exploiters $290m over 5 major crypto hacks

TheBitTimes

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